Looking at the 2 options provided by you, I can say IIM Amritsar is definitely a better choice. I have seen many people regret going for CGL.
Excise Inspector is the worst post of CGL and many of them retire as superintendents themselves. The transfer is banned in CBIC so no matter which remote area you have been posted to, you have to stay there for 15-20 years until you become Assistant Commissioner which is rare.
You can change your life in two ways
You can become a CEO through the second option. I have many acquaintances who left the CGL and went for CAT and today are entrepreneurs or CEOs. Surely the job at CGL provides security but the job itself is not worth it.
IIM Trichy, Ranchi, Raipur, Udaipur, Kashipur, and Rohtak are way ahead of SIOM and SIBM-B. The average package at these new IIMs is greater than INR 11 LPA whereas the lowest packages at these institutes are around INR 6.5-7.5 LPA. You will be astonished to know that the lowest package at these IIMs is almost equal to the average package at SIOM and SIBM-B.
Moreover, IIMs is in itself a brand and therefore promises better growth. This is the reason that these new IIMs despite their early establishment are at par with SIBM-Pune and SCMHRD.
Don’t think twice before choosing IIM. You should not underestimate its brand name despite it being a new IIM. The more you invest in your education the higher ROI you will get. No matter how the institution is, your own efforts count more than anything. Genius minds grab opportunities even from a small college. And here we are talking about an IIM. Work hard, enjoy your MBA and see yourself flying in the next few years.
It is possible to achieve a high percentile in the CAT exam, such as 99+, and still not receive an invitation from any Indian Institutes of Management (IIMs). This is because a high percentile alone is not always sufficient for guaranteed acceptance.
It is important to note that IIMs take into consideration a candidate's overall academic performance since the 10th standard and not just their CAT percentile. Additionally, candidates must also clear the Written Ability Test (WAT) and Personal Interview (PI) rounds. Furthermore, candidates from an engineering background may have a slight disadvantage in terms of points.
Some IIMs also place a significant emphasis on work experience.
Category | Quantitative Aptitude(Percentile) | Data Interpretation & Logical Reasoning(Percentile) | Verbal & Reading Comprehension(Percentile) | Total(Overall Percentile) |
Section-1 | Section-2 | Section-3 | ||
General | 80 | 75 | 75 | 85 |
EWS | 80 | 75 | 75 | 85 |
Non-Creamy Other Backward Classes (NC-OBC) | 65 | 60 | 60 | 75 |
Scheduled Castes (SC) | 55 | 50 | 50 | 55 |
Scheduled Tribes (ST) | 35 | 35 | 35 | 40 |
Persons with Disabilities (PwD) | 35 | 35 | 35 | 40 |
It is highly recommended to visit the official websites of the IIMs you are interested in for detailed information on the selection criteria and to keep yourself updated. You can also connect with current students via LinkedIn to gather more information. It's important to note that selection criteria can slightly change every year.
When considering which postgraduate management program to pursue, there are several factors to consider. One such factor is the duration of the program. Great Lakes Institute of Management, Chennai (GL) offers a One-year PGPM program, while the Indian Institute of Management (IIM) Amritsar has a 2-year PGPM program. If you are looking to re-enter the job market sooner, Great Lakes may be a better option for you.
Another factor to consider is the alumni base of the institution. Great Lakes has a larger alumni base than IIM Amritsar, which may provide more networking opportunities. Additionally, Great Lakes offers a unique Karma-Yoga program where students learn leadership skills while giving back to society by helping the surrounding villages.
It's worth noting that IIM Amritsar is a relatively new institution, established only around 7 years ago. While it has the coveted IIM tag, it may not have the same level of prestige or reputation as older IIMs. However, if the IIM tag is important to you, and you are willing to work harder than your peers and give your best in those 2 years, IIM Amritsar may be a good option for you.
Ultimately, the decision of which program to attend will depend on your personal priorities and what you want to gain from the program. It's important to do your own research and weigh the pros and cons of each institution before making a final decision.
The younger you are, the more opportunities you will receive. So don’t let the age factor discourage you. It’s highly possible that the old IIMs did not consider you. Think of the bright side. You are young and you have multiple CAT opportunities.
What you can do is work somewhere and gain experience. This might upgrade your profile. Inculcate extracurricular skills and prepare yourself well for the next batch of CAT aspirants. Keep trying till your dream comes true.
Considering the various factors that define a college’s worth, I personally think IIM Amritsar is better than the Department of Business Economics. I have arrived at this conclusion due to the following reasons
If you have to choose between XIMB and IIM Amritsar I will always suggest you go for IIM Amritsar. Apart from the IIM tag, its relentless growth is a major deciding factor. The ROI at XIMB is very less in comparison to IIM. The points below will help you understand my point.
So IIM Amritsar is the best option among the 3 colleges.
IIM Amritsar has made its name in the IIM family due to the following
All these achievements have made it among the fastest-growing IIMs. So I don’t understand why people keep questioning and judging an Institute of National Importance.
Now coming to your question, yes RBI did visit the IIM Amritsar campus for recruitment last year for Summer Internships but the exact role and package were not revealed to the public. Try to get in touch with some batchmates to get this info.